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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.04-1.7%Nov 13 4:00 PM EST

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To: j.o. who wrote (9659)4/2/1999 8:10:00 PM
From: bobby beara  Read Replies (3) of 99985
 
j.o. excellent analysis, looks like an easy mark for a short to the 65-75 area, especially like the big black candle reversal right thru the ice on big volume.

I don't follow nsol, didn't some fundamental news come out that caused this reversal???

some stats:
from the 9 month cycle lows
4/12 to 10/8 top 180 days
1/12 to 7/20 top 189 days
10/8 to Monday, April 5 180 days.

The DJI appears to be making a symetrical indecision triangle around the 9900 area with the triangle base between 9625 and 10080, if this does play out, the decision point may be within the next 1-3 weeks

bb
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